Five new schools to welcome 7,800 pupils are being built in Alatau district in Almaty under the PPP, deputy governor of the district Azamat Kaldybekov reports. Schools will be put into operation in 2021. As of today 40% of state schools are overcrowded in the city. The city lacks above 30,000 schoolchildren’s seats. 16 schools…Details
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Fitch Ratings has affirmed the Long-Term Issuer Default Rating (IDR) of JSC CB PrivatBank at B- with Stable Outlook. Fitch Ratings also reaffirmed the bank’s Viability Rating (VR) at its current level of “b”. The affirmation of national ratings at AA(ukr) with Stable Outlook reflects the unchanged creditworthiness PrivatBank compared to similar banks in Ukraine.…Details
On October 20, the Ukrainian Finance Ministry raised UAH 7.155 billion towards the state budget as a result of auctions on the placement of domestic government bonds, the ministry’s press service report. The Finance Ministry offered investors two issues of hryvnia-denominated bonds, with a maturity of three months and one year, and one issue of…Details
The main objectives of Latvia’s defense sector for 2021 will be modernization of the country’s army and enhancement of its cyber security, according to the legislative draft on the 2021 state budget. Defense Ministry’s planned expenditures for 2020 reach EUR 548,332,786, whereas next year’s expenditures are EUR 693,521,903. It is planned to spend EUR 201,863,149…Details
The industrial output producer price index fell by 0.4% in September, compared with August, and by 2.4% YoY, state agency Statistics Estonia reported. Eveli Sokman, leading analyst at Statistics Estonia, said that in September, as compared with August, the producer price index was affected the most by price falls in electricity and heat energy supply,…Details
The number of passengers serviced by Ukrainian transport companies in January-September decreased by 54.4% (2.2-fold) YoY, to 37.1 billion passenger-kilometers, according to the data provided by the State Statistics Service of Ukraine. Over the reporting period, 1.90 billion passengers used the services of domestic transport companies, down by 40%. In particular, the number of passengers…Details
Since the beginning of 2020, Kherson region has received UAH 3.5 million in tourist tax payments, according to the Main Department of the State Tax Service of Kherson region. “As of October 15, revenues from tourist tax payments from legal entities and individuals amounted to UAH 3.5 million. Due to the adaptive quarantine, a shortfall…Details